II-VI Incorporated (NASDAQ:IIVI) reached 88.06% versus a 1-year low price of $17.76. The stock was last seen 3.41% higher, reaching at $33.4 on Jun. 16, 2017. At recent session, the prices were hovering between $32.15 and $33.6. This company shares are 13.53% off its target price of $37.92 and the current market capitalization stands at $2.04B. The recent change has given its price a 4.64% lead over SMA 50 and -18.73% deficit over its 52-week high. The stock witnessed 7.92% gains, -4.98% declines and 8.62% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found IIVI’s volatility during a week at 4.53% and during a month it has been found around 4.07%.

II-VI Incorporated (IIVI) Top Holders

Institutional investors currently hold around $1.68 billion or 82.4% in IIVI stock. Look at its top three institutional owners. Blackrock Inc. owns $225.52 million in II-VI Incorporated, which represents roughly 11.05% of the company’s market cap and approximately 13.42% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 4,959,583 shares of the stock are valued at $165.65 million. The third largest holder is Barrow Hanley Mewhinney & Strauss Llc, which currently holds $120.1 million worth of this stock and that ownership represents nearly 5.89% of its market capitalization.

II-VI Incorporated 13F Filings

At the end of Mar reporting period, 119 institutional holders increased their position in II-VI Incorporated (NASDAQ:IIVI) by some 8,386,214 shares, 118 decreased positions by 5,739,121 and 24 held positions by 36,161,987. That puts total institutional holdings at 50,287,322 shares, according to SEC filings. The stock grabbed 44 new institutional investments totaling 4,591,734 shares while 26 institutional investors sold out their entire positions totaling 2,512,668 shares.

II-VI Incorporated (NASDAQ:IIVI) Insider Trades

Multiple company employees have indulged in significant insider trading. II-VI Incorporated disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director DICICCO WENDY F has sold 2,500 shares of II-VI Incorporated (IIVI) in trading session dated Apr. 28, 2017. These shares are worth $82,975 and were traded at $33.19 each. The SEC filing shows that PELAEZ MARC Y E performed a sale of 10,573 shares. The Director disposed these shares by way of transaction on Mar. 27, 2017. The company’s shares were given away at $38.84 per share worth to an income of some $410,655 on account of PELAEZ MARC Y E.

Director, KRAMER FRANCIS J, sold 30,000 common shares of II-VI Incorporated (IIVI) in the open market. In a transaction dated Mar. 24, 2017, the shares were put up for sale at an average price of $38, raking in a sum of $1,140,000. After this sale, 644,626 common shares of IIVI are directly owned by the insider, with total stake valued at $21,530,508.

In the transaction dated Mar. 23, 2017, the great number of shares disposed came courtesy the Director; Xia Howard H. disposed a total of 4,310 shares at an average price of $36.93, amounting to approximately $159,168. The insider now directly owns 26,686 shares worth $891,312.

II-VI Incorporated (IIVI) Analyst Guide

Several analysts have released their opinion on II-VI Incorporated (NASDAQ:IIVI), with 2 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.33 average brokerage recommendation.

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